~ 13-

1\\:... #H~~~~l!I!ll!fIj~'H_ ~ ... fg~,He~~ 1&':... .m&lJfM~~l!I!llfitjm~ ffi ~~--~m~~m~Zmffl ~ Mi~

~~~~~~~'m~~~~~~~~,~~~~~u~~~~a~m~o ~.m~~~~~~m~7-~*a$W~m~~~&lJ~~~~,~ft,~m~ ~~%~~~~,~~~~m~~~~*~~~~~~~~~~~~o .u~jrH}~~.l'Ia*~, ~:m:~~~ (quantitative analysis) ~1tB9~ ~ (qualitative analysis), ~jJti;J::, f&~B~RJ(;/l'1iT~JI'M, .§.~,~m~~ G?~~~~~B9~~~*om~~~~~ttm~~~m~Z~*~~~,~~ ~*fB9;/J~, ~~~f!U1twr~1:.t~, tt~tAm~z~*IUlf»\fF-~ifl.1IHliWltii\iB9 llUJ~, ~1iT1!f~:ttl2, ~jfU~~~z~~:iJJ'MfJ;'l,~j-jil:}jti;f.l±,ill'iiN-AtHtlffit }j7*~eeBti~~Mi~, ~Th14tEl!I!~J::~jn*J::~ii~JiU1lt~~J(HI9rt~m:(f,-l:-) tEl.!f1.fif;jjJE3] : ( I) ~Zilii'ltlB~~~Mi~lf{JWii'frB~l.!f1.~i1~C'Jej~~-~f~J~i1'tirm~)o

( II) ~z:tE7f'1<-~t1 (uncertainty) rA9:fTf.l3I:!!lilill 0 ( lIT) ~z~'it1iIIJI tlt:tttJ,:& IJm ~ [Z5l ~tE7f' r~~Wj'jH'fi! ~HUt ftl:\ l?;i ~~JJJ &:

~J'J9fF~IM:rif.J 0 (IV) ~zill!J7E'Bt~~~iHJ9IM~Th;o ~.~",'w!jJm:

*m.llrj:t~):~ i1J~f!;r~mJt!*ii1Ij ~x~ [2-: ~~ Nerlove Marc and Kenneth L. Bachman, The Analysis of Chan­ ges in Agricultural Supply: Problems and Approaches, Journal of Farm Economics, Vol. 42. August 1960.

( 1 ) -14 -

(I) ~z)jrmm~:ttt4o (rr)~~~~~m~~~~~~.~o (m)&~~~~~~~~ft~~ft~~~~~r~u~~~~~~~~~

~~ ~!!ilJag1if~0 (N) ikz.~fi)(Am~ft~)JJ~o (V)~~~~~~~.~~~~~~o ~£fJt:tf;~~:ll!-:fItbtm(j~7}trr,&:,~iJJ;::&:~Jj~rfJ'j«:7~~, '8:Jl:t\iIit~Jtt

:fr$J;t3~~~:tm{t!m, .I&~~~iltI:1tff(m*iR5:E~~*€ta<]~:Ji~j:if£l't~~:Ji0 tm ~mtrr ill{iIN !b~ft@, ft7\:;,JZ, ~1}~ ift{,t1;tfij~'t~Z3mMf'J*:Nf, ~WMM{1~3m~fr!j mA, ~~

~ ?~~~{:Jt:tfrm~l&.m1i~·1(~ rFl~mI~Tfl~J: 0

:tmJ:m~,~tf;~~~~~~o~~:tmw*~5:E~m~~m~~tf;~~,~ mnx:TilJ1l!Wt:~ (dynamic supply) B9~~fll:1mo ~~;M~1fiIltl~7Jm-m"fm ~~~~;M~~Iltl~tB7I-m(envelope), fi'jj~;M~~f!:!l~~IIH~~;JVJ~~Iltl~~l'B ~~~MtBMm (different interval of time) ll!\tb ~~&1t¥-l'B~;M~ ~~~~m~~~~~~~~,~;M~~~~~M~~~~~nA~~~~~~ ~ ra':bt ITfi 5:E 0 Ut-)

frill ffl J;}. '1~Uf,.~''ffJ{1(matff(,iliI 0 llit7&itlmR1t-*tE~~ (once-and­ for-all change in price), lW*a~ SLSL ~:K;M~M!I!!I~, tEl!!I~ SLSL J:: 8~Bll1\'im~\\I;tz~fijJl1U, ;jt1«mffi£ OA, ~;ftlJZ*tfr1J:~ABo :E'EI:J:a~~~Iltl~ ~~~, J;}.~~mJ:~~OC,tE~~J:,~~~~~~P, m~~Z~~~~ j;tjf11*flF, ff~f&~Jj]Jdlfq!ftffl1~~a<][l}t1f1lJ, .ti;~O~1I*1Jn~*~:I:~ CP (P Jlk'itE:K;M~M*'1L1:), ii'iiRil1Jn~ CD, D f,Uli~ B~z~1t'Jj}~~lffl~J:~~o ~"fm{lmfJJ~ft1iftE OC, JlIjJ!t~ifArirll~$frf-WJzfMf7~ CE, TIil~;f.?, CF,CG,CH~, ~ D,E,F,G,H ~:li:wliU§B~Z~MtB~.E;ItIJ~~Iltl~PJf:m ~,~~~~~~~~~ITfi~~~*M~~~Po ~ii'ii, 1!tWFz'~m, {flm:1t~~:lt!ltE~I!J*, ~~FI!M7En~~-7l\.~o "fmJ!t,

!'lUiJ! 89~m'~'fP, *J~fJ1~~tERMf1%t1;~Iltl~;l}!J: 0 imlifM 2 rJfir., B~mtE~Wl ~~lffl*Jil SLSL 89W:*~~~, ~ITfi, ffin~WIH~HlJ~89J:n, fZ~{lm~/itfiJ: ih tt7CW oc, tflii'iiJ:7t.:n OE, OG, OJ ~ 0 -Mil:mw OA J:ir~ OCfl;f, ~ ~imitl!l~~{'tt:Mtw AB ¥ CDo @'"fm{tJIf1H7J~.f.ftE OC, JlUrJWz#t:~Itff.S

;]!-: ~M Marc Nerlove, Distributed Lags and Estimation of Long-Run Supply and Demand Elasticities, Theoretical Considerations. Journal of Farm Economics, Vo1.40, No.2. May, 1958. ( 2 ) - 15-

g'o

70 60 50 c 4s 40 35 r">: ~ EJJ ~o ~ ~ '-/ 2~ ~ ~ 20

15 A

SL 0 /0 ! oo o 1.50 0 .2,000 looo //,000

~:f:: (~t~L+;t~D ~l:-*~~m~~~~M~~~~

CW, m.~t~~t1Lt:illk~ OE, ~*~~1fYr~fk53-ml1~;~.1WH)Ut1!111;fJRiliH@W~ ~F,~~Z~~.~~~m~~~OC~~*,ftDEF>CWo~~,~~m kt1tfU::7~~' JtU,§AnrJi~~l-*rUl'8~~1J D,F,H,J,L~, mFa'"~~H:E!:I~ lfi1Et:Jr~:MffH:t1fftl~mIJfi!l;ljtM~*r)Illl~~'1Hj9~rp]}1il!U,r~;;&;. tmJ!t, IE D, F, H,], L ... -*~. fiT j}f1.bt:!n:R f~ Et:J ffH€J fftl*,* SESE' lii~{JU€H!lltR)i!P~llil~ofHfA nrJIHtclft }J7!mil(JJJEH9~:M~~fftl~o m.~~Et:J~:M~~rtlJ"~~tl~E!:I&Ejj-rjji*Ta~ilWf~, ITii SsSE ,J}it SLSL mllB~, 'I§'~m~ib~~~~~~, J1Um~ftl±l*®fj:H~~

~i\~j}f:!nJM~lfil®~;WW!;~5!Jtt 0 ~8Z.. ~:M®{M€J~ tE R ~~ Ht#UitllB~ SESE *iJ1.UJE, fi'fi;'iFHttJ:!;;u!llBf~ SLSL miJtiJ5Eo ( 3 ) -16 - ~~:tE~1J!~§':'-1'1flllJ!, li!P;;f!-fIM i!!~ ~ ~tmfl fMI~.!lIJ, ~§':'Jl:1f *~ ,~.~R~~~oc~,~~W~.~~~~,m~~~®~fiW~~., ~ J!tifl§:'7fg;il!~~ (distributed lag) ®flllJ!o FR:l~1Fti1Jg;il!~Il~~::t~ lW~tb1m13U€i~flllmf 0 ~:t co ~ 55 K 50 1/5 4,) 35 wI:....- ---I-

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/'Oo() 1.50 () .1,0001 3.000 !./cJOO

~~ (tf.~~D

~2:~.~flm~!lIJtf~~t~~~

mi!!~~~~~,-*~a§':'~!lIJ,~~@~-~~~~~~§':'M*~oc~ ~~*,~~*oo~~oo~~m~g~o-fli!!~~~z~*,~~~R~:tE -~~~OO~R~~m,@;;f!~.~~~~~~~~,J!t~~.~f1~~Z~* ( 4 ) -17 -

rmffiJ'lljmt;!i;~%im (distributed lag)o iI11:~J%z-f:jHS, EEn~~m;::Mz~iiilJJJl, ,e.., mzOO1iD!~ (ridigities) J;;1.:&J3~IZSl~zi3.~, iiJ!£l~z.~~ff:m, ~~~

1f~mlt9~, 1mfl:m:&;l'I;ffult9:R.;z.~I!, rm~~~p~IjetRJ.m\~~~0 ~Jtm~*et ~~, ~~~OO~~~,~~*~:m~~~'~~~J~~~~~*et~~,~ [email protected]::mqX~(jt7'C~%(/~, m~fm~*~~j'J!%11'jj1i';;-fU~J~(jtlf.1rl'l'~ ~o f&J!:t~lJi%lre:tE~'Hl~~lzfjU~~+%i1HIiHllfo ji'g~%!lE~~~, :a:-B:m~fmZ[?5lI!~ (dependent variable) EElj~1' P,§t1lt;Mz1l1:li.~~ (independent variable) zf5~, r.il~·ill/:1:~1j;M~:rz(j~ ~.o Jltfi~/il{,1i~, tmtlN1{f!iljj!~fiJj10:;~;;::\~~~,nr~.i1lttnrF;;::\

Yt=a+ (3oXt+ fJ1Xt-1+ fJ2Xt- 2+'''+flt ······ ..·· ·· .. ··· .. ·(1) ec =a+ :EfJ.Xt-£+Ut £=0

Y t : [?5l;M!t (dependent variable)

X t : 1l1:li.~~ (independent variable) Ut: m~'-l~~~ (stochastic random variable) Jt9=t E(u£)=O 3t{\£ i

-p, E( ) {O 'M i~j; i,j=l, 2'''n .IX. UIUj = u 2 11; i=j; i,j=1,2"'n A9=t.0'fif.8~-if!ll\t~;frJ(};fJ£

~if ~~lHJ91ll :Ii.~~, rsIJ!:tWiA1'gl3f.1JJfH/tm- )nl~~ ff #f§1i5 0 ~m~J!t-lllJJl!1, wM~'fiU5~"'* Koyck .!:J;;1J!l±l~'tWt&~%l'f (geometric lag distribution) (J{J)j'i*, cri:-) ~;;::\ (l) ~nltnrmtt~~;;::\o 1t£*-}j~;;::\1mr: Yt=a+fJ(WoXt+W1Xt_I+ W 2Xt_2+"')+Ut

00 =a+fJ:EW£Xt_I+Ut ··· ..·· ..·..··· ..·..·..· ..·..·· ..·.. ····..····..·.. ·..(2) £=0

~WnJ<lliIYX, 2il'J'lP Xt_1 $'f Y t Zil3'1S!1£\*lf.1, t-i jg\~}[jJ~ t , f&J!:I.: WI nr :j'l}~~tillr: W I=(1-0)()1 O

[J:-: ~rm Koyck L.M., Distributed Lags and Investment Analysis. North Holland publtshlng Company, Amsterdam, 1954. ( 5 ) -18­ Ef:l5t(4.~~5}' .'!t1iJ1f .Y,=a(1-9)+f1(1-(})X,+tJYt-I+(flt-Ou'_I) (6) ~J!t~(6)~:Jt-MiiT}IU'ttt:m:J~~1¥J~~, 1'f:iJ~1!I~~~T1iJff a(1"'0) ,P(I-9)1ft (J, ~Jlta~,81iJJiJlti1t.Ilii~o:Ji~~ (6) JlP:m-~~1E~%~~ :;;to

:tE~n.'I'

(1) ${5:tinJ!Hit~ (Partial adjustment model) 0 (tt-) ~~m~~!f.m Nerlove ~m;\;l!lH, fflJ;l.~5E!l~JHlm~I1J~OCll; ~ ~J!t~~1iJ~ffl*~5EA~&r~mZ~m~~~~o ~~.~~-~~~ffi~ (static expectation), 1t~m (~1'llffiiftO ~5E~1W~:¥~J&Ufi!r, JlU~ M~~1Jfl~m: Y,·=a+oP'-l-rUt (7) y,.: ~lf:l;lf;j~#U€t Pe-I: l::lUJztlt1C1Jlftt 21,: ~.~••, ;tt1tt~~~(l)f<1J )It~,itJ1mz~~~~m Y,- Y'-l=1t(Y,·- Yt-I) OLn-L 1 (S) Y,: i'~Wlz.~~ Yt-l: w-jWZ~m 7t: ~~~t'\ iI/;!l~*It·~[ll~fR~~:!E.gtUI9~.'i1,~1t=11lif, JlIj~(8).Jm~Jjl(;Y, =Y,", f:lO

'IW!#H~~~~WJ~'lSih¥J~~, tlPllt, 1llI3~:mJ!n~ifii5CiEB9 0 ~it~(7)~~:8), JlJ]1iJ}l{jj)f5:till1!H~~~tmr: Yt=01t+(l-1t)Yt_l+07l'P'-l+Ut (9) Eit1J~~(g), ~ A1iJffl.~Ji*f, ~ME~1Jjldl~ITiifi~a7t, (1-11:) 7ft. 01t, ~ifii11Jiff.1l', alft. 0, !f:ij~JFnrif1i:~~J4~~rro~~~~o (2) ~mfJUtfj~~ (adaptive expectation model), (~.::)

1lt-: ~~ Marc Nertove, Estimates of the Elasticities of Supply of Sele­ cted Agricultural Commodities, Journal of Farm Economics,1956, pp. 495-509. tt.:::: Cagcn P., The Monetary Dynamics of Hyper Inflation. in Friedman Ed., Studies in the Quantity Theory of the Money, Chicago, Press, 1956. ( 6 ) -19 ­

*!1t~~m Cagon ~tE'Jtflm~m-~ (price inflation) l1J1f'tJUHr~z ~~*m~mmm~o~.A~~~zffl~m~~~~~Z~~,~.~Z. ;f;ti~Q(J&:J.l!9F~F1ttQ(JOO110 (ffl: - ) ~JJiffi;MzfjU~m~~ : Yt=c+dPt*+ut··············· ..·..····..·· ·..·· ·..·· ..·· (IO) P t*: ~~ztJUUlfl:m Yt: 1t~z~~ fit: milt!l~!f!. ~J;l.13W~~ Pt·-Pt-I* =~/(Pt-I-Pt.-I*) OLryLl············{lJl Pt_I·: -mj-~zfJtMflm Pt-I: Wi-~z.~mm ry: 'fJumt.*t{ :mT~~fiTmfi!ia~~Mr1J~~, 1§%M~Uo)m~m pt*= __ c _+_~t tit uO)' d d d

P t- I *= - ~ +Y~Jl -~-~ ·....·..···....·..·....·...... ···...·...... ····....U2)

tJ.~(l21~A~(lD, TIfi~~AA(l)~:t@iJ~tJum~:t:~:

¥t=oy + (l-ry)J(t-l+dryPt - l+ p.t- (l-ry)Ut_l'" '" ·.. ·.. ··• .. ·U31 $ f~ J;J~~ :t:Jl,illJ~ffumm:t:, Il*T3!lit~~1f ~}Jlj Z 7j., m:JIiJflrd(~fl

t51fh ~U~*&1f~gIJ 0 &..~~tE.~J:1f~m:~(f]~glj 0 ~'lIfflWl~:t:~I51i'~' ~:ui7£M:~m:fi'ji#z~1iJmm(f]tg~, fjjj'$f5}~JE~:t:"?1~~~~Jl"i:.,J![fl

(3) ~~jj'tltJjJl,$f~;;JI,J~m~mtSl'I9-Jti:~Ao (~=:) ~~-~~:t:~£~m:J~=~13~:t: Yt*=ao+a1Pt·+ut Pt*-Pt-I*=ry(Pt-I-Pt-1*) OL'YL 1

[J:-: Olman Hee, The Effect of price On Acreage and yield of Potatoes, Research, USDA, October, 1958. tt::: ~!l!1 Griliches Zvi, Distributed Lags: A Survey, Econometrica, Journal of the , Vo1.35, No.1, January, 1967. P,42. tt~: Waud Roger N., Small Sample Bias due to Misspecification in the ·Partial Adjustment, and Adaptive Expectation Models, A mericam Statistical Association Journal, December 1966. ( 7 ) -20- Y&-Y'-l-n-(Y~·-Y~_l) OLn-Ll···;,;···· ...... ·•.. ·.. ····.. ·....·a4J 5f;a41*~-~~:fi;eW1;ltjfljtro~~ Y~· lIl~~1JtWJllm p~. ~m:~ia'4., ~­

~~§,E:::~1§.~1J~~(IlJo.1Jf1'.it(8)Z;E~ffif1'J1 0 mtER~re1Jm~U4J*z~'iiJ lli~j1j~~. Y~·, P t * ». P~-l* m:j;;, JlUnrJi~m;M~~~~wJ;Mflmmm ffltl:f.j#wrt~~, (ft-I:-) f&!H: Yt=ao77t+ ((1-7)+ (1-7t»)Yt-l+a177tP~-1 _e-((1-7 )(1-1Z")JY~-2+n-(Ut - (1-7)Ut-l) ···as) m)J~A115ilJt2, 'tiA'iL~JRJU~l±l'M 7=10. 7t=lll1f, 1mf7}jj)jIj~m5t~:l@m fJtllJJ~A;ii!:1J~AU5).ZflJj~iITi*f~~f?lJT0 1J~A(l5FtEJM~*!t.1::ffm1Wlm~B9 rY:I~: 'f;f~-1m;ii!:~;M~1U~Ulif~I~~ffilta9&g7E (identification) rY:I~, W-lm, tfJ.3J! -iIE!lt':f:trof7fTmJr: (1-7)+ (1-n-) =0.9 (1-"/)(1-7t) =0.2 YllJ (1-7t)!- O.9(1-n')+ 0.2=0 ~ j;;:Z:P (1-7t) "" {o.s 0.4 tmJl:!:;7t ft.;~fIfrriJ1.30.5, ?lFnr~O.6, mJ*ft1i'lJ.;J.\liJ~}j~#IiJ)j<:ti 7 B91t1iM'U~ O.62Z~:b"~O.5, ~Jtt, ~~~~Z.11«~~~5Eo m-1li:;lHJtM*jt~jj)I3~f*. :g.Jj:*11~%'2?d\~ 1 Ji3f€m, :tlfJ:Jt(1-7)(1-1Z"):&~1Eful, frltEA(lS)q:t Yt_! Z %~~i't, m~·~~li';~qifo §li1rl{#ila9-~~;3:;, tE~¥.riiLl:~~~f£$f@~, 1& J1:tjj;.f!H~E~JJ'o

*iiH~oc.1:;i2R.=:fi~Ur)B~~Bifill~h\;, ~:§fiBt2l!t~I£~1fJ~fjJnff7J-:#T 0 tE J\m7J-;!frz*I, 1'1A

7::. 0 [rjJMia:ill~*t:r;'rj}itiJIlfi'ri1't1rtf"';'::FgtHj]'(l!J~AJ;5:.Ei, '8v1~mJ Behrman fiff ~- rm~~~Ift, :kl~/;;tz.~*f) .• rntn]jjIJttJ:i¥:Jpl\;1IJiJ, {j(;j;&~·H'fld"j~&:Il,tPNiHf Jo (r,-t:=) ~J!t, ,}'J~~~,@'IJMjH~Z1'Urt7J-trr, W;'A~~Tm5f7}iiIJ~mAo 1m f7}WIiJ~ mAZ~~if!i ~mnrtU~ 1 o.lIiI 2 *illtfjjJ, ;ta Pfi1tei fin ~~.!\':JftllUri

iu--: iir~ifj~ft'tfY!~f~ 1 0 2==: ~M Behrman Jere R.. Supply Response in Underdeveloped Agricul­ ture. North-Holland Publishing Company, Amsterdam. 1968. pp.2-S. ( 8 ) - 21-

M~~zoc~~~~~~~~olli.~L~~~~~z~~~~~~~m­ iWlZSJ* T E JdZ .ltUlltt~t,!~*~~~~~~13tllio ~Jlb tE~~IDlL' ~f5j ~~@jt~!::.R~~ffI}m~f5}!IPJ:tm (partial dynamics) B9~J!:;, lZSl;lt*n~jUifiJng ~.®flSl~, ta:r!tm11lt*, *¥&li1i1ltitib J;,1J;,t:Jtfl!t"nrm~~l!lto ••L, ~m~z~~~~.~~~~~!IPJ,*~&~~~~,!E~11lt*U&~~~!IPJ~ fEl~I'B~. f7HJ&l~ fWfiJ~~I't:, 1R;ltt~H!i1f~' 0 flSlllt, 1m mJ!:;, 1{1l /llifll1JflL;l'tffu fiJ 7f;~!IPJ~~mA' .ltU;ltf@ffl11:·:m*ffi£jfi;:tflo ~.L~B9%~,1mID~~mJ!:;~.~M~~B9%~,tEfiJm~I't:~~W L' JtfFtli!JM:~~~{R~~if~~~13t£iollUlllfit~*~itillB9~~~17IjJ;t ijW;fJfl1mf71~~~J!:;Z~fflt!EoU~~41~~61~z~rl'l'lt7UJffi~fT%:jfi,;ltIW {Rm~mJ!:;ta:rf : Yt=a+bYt_l+cRt_1+dDt ····....·· ..·..·..····....·····....·..·· ..·.. ····..(16) Y t : ~t 1mZ!E~:I: (~*)

R t_ 1 : ~t-1:MZ*¥&li1i.~M!: (~:2:g{~:ll~ilm) ~:.~.t:MZ••~., ftft~~~.mXWZ~~Sl, •• mx~Z:¥-btm~o :flfIJl1J1~it

Y t =168, 942.000+0.877Yt _ 1 +26.000Rt _ l-192, 440. OOODt (7.244) (1.047) (4.498) R2=0.965 F=156.501 D.W.=2.481 (2) -:M7.K~Z#~~

Y t = 186, 317.000+0.698Yt_l+ 24. 000R t_l-108, 553. OOODt (5.020) (1.653) (3.834) R2=0.933 F=79.278 D.W.=2.451 (3) =:M7.K~Z~~ Y t=274, 329. 000+0.506Yt_l+53.000Rt_1-122, 145.000Dt (2.067) (1.598) (4.091) R2=0.876 F=40.298 D.W.=2.450 (4) it~\ifz*~

Y t = 1,195,616.000+0.411Yt _ 1 + 162. 987R t _ l - 567, 695. 118Rt (1.870) (1.782) (3.933) R2=0.825 F=26.729 D.W.=2.103

ftt-; (lJ flUI1J!,tJ.:tz;;I·J1:~·M, ~~i~rt.J~ 2 =£i;!1i! 5 0

(2) '4i=1J~Jtig;TJli'1ll1 pg~fl1! ~ t flf 0 ( 9 ) :8l2tUjMtUM}m1i:f~ 1iHUfElWr,,~Jm, ;!I;'3'f~ &a~~=~~J(~ 0 t!O~if9t~ {1M [1.~M, ~ JJt#t~lM~:ffi*~~ljgjt~1h fl,J~~:8U~&t~~z*M:~ ..mrnJ ~flm~~~M,~~~~~~.~~Mo~~&t~~~~~-.~~~~m, ;!I;!l6'~~ ltt~1j Ili!fFI'l' B9Ji§~, 1:; !l6'~ 111m ji'g~ ~M! ~~; F

1t#~~JE, ttttm~~HM#m1M9~JE0 *:'Z~I:!:l~fiJ1l~JMI~~~~l1Ifq~A , ItJjnfgfll!b1f~.~&t~~a~fl1f~o ii~m;l~HI~ EI ~QJ:J!(j9q. E1, m&tf#~iml¥J ~~.*l!b~M~.~~~~~~*m~~~rnJmo

( 10 ) -'23-

y: """ 00+(ltJ>!: +flt (1)

OL.,,/~1""""""·""··"·""··"(2)

OL.7tL1 · ·(3)

Yt =o7t00 +7tatPt+(1-7t)Yt_t+7tlw ·· ·• · .. · "'(4)

~(4)~~~ pt=oX!.-- -!,Oo _ (1-n'lYt_1-~-Ut (5) nat 7tat nat nat ~(5}~~~-1t1J~ Pf-t- Yt~_ nllo _(l-n)Yt....ll_7tUt-1 (6) na1 nat 7tat nat ~1tnlt(4), (2):&(6~

Yt=7tQo+nat(,,/Pt_t+ (1-,,/)P;'-t)+(1-n)Yt_1+7tUt

=onQo+7ta Pt-1 +(1"",,,/)[~":"1__ nOo _ Q:=n)Yt-3 1{'Y 7ta1 7ta1 7tat

- n:~~!J}+(1-71)Yt_1 +7tUt_1

-7t00,,/+C(1-,,/)+(1-n»)Yt-1+a1n"/Pt_l - ((1-'Y)(1-n»)Yt_:+7tUt- (1-'Y)n Ut-t -nQo,,/+((1-'Y)+(1-n»)Yt-t+atn"/Pt-1 - ((l-,,/)(1-7t»)Yt-ll+7t(Ut- (1-ry)Ut_I)

( 11 ) - 24-

~, ~ ~ § I*' :lIJJ !£ ifi • IiliJ :lIJJ &: .il: -I. ==lIIi...Ji Ih! \J! • 1f! * ~I (0.) I (0'WO ', <;,Je) ------~T----·--"---'------!-I---

41 1,570,115 1,484,792 2.295.04 I 0 42 1,641,557 1,570,115 3,736.26 o 43 1,695,107 1,641,557 5,420.13 o 44 1,614,953 1,695,107 4,082.21 o 45 1,789,829 1,614;953 4,581.63 o 46 1,839,009 1,789,829 4,271.08 o 47 1,894,127 1,839,009 4,531.64 o 48 1,856,316 ' 1,894,127 4,697.62 1 49 1,912,018 1,856,316 4,520.88 o 50 2,016,276 1,912,018 6,262.45 o 51 2,112,875 2,016,276 6,494.04 o 52 2,109,037 Z,J12,875 5,584.20 o 53 2,246,639 2,109,037 6,221.15 o 54 2,348,041 2,246,639 6,461':'40 o 55 2,379,661 2,348,041 7,048.16 o 56 2,413,79;) 2,379,661 7,180.46 o 57 2,518,103 2,413,700 7,483.48 o 58 2,321,633 2,518,103 7,746.84 1 59 2,462,643 2,321,633 6,966.72 o 60 2,313,802 2,462,643 7,448.28 1 61 2,440,329 2,313,802 7,247.56 o

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41 757,289 716,326 3,534.57 o

42 740,124 757,289 6,233.64 1

43 836,452 740,124 3,956.00 o

44 711,305 836,452 4,493.50 1

45 906,724 711,305 3,925.87 o

46 931,699 906,724 4,943.20 o

47 934,027 931,699 o

48 930,233 934,027 4,823.70 o

49 901,393 930,233 6,867.00 o

50 981,966 901,393 7,259.73 o

51 1,057,417 981,966 6,892.48 o

52 1,061,395 1,057,417 6,870.63 o

53 1,101,967 1,016,393 7,097,20 o

54 1,127,011 1,101,967 7,695.44 o

55 1,103,426 1,127,011 8,032.30 1

56 1,152,556 1,103,426 7,860.16 o

57 1,220,154 1,152,556 8,471.68 o

58 1,239,141 1,220,154 7,929.48 o

59 1,279,891 1,239,141 8,410.00 o

60 1,258,676 1,279,891 8,402.24 o

61 1,212,802 1,258,676 8,942.01 1

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59 1,182,752 1,082,492 5,841.60 0

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41 2,090,463 2,021,719 1,660 o

42 2,276,942 2,090,463 2,238 o

43 2,556,823 2,276,942 2,394 o

44 2,437,443 2,556,823 2,272 1

45 2,56B,104 2,437,443 2,581 o

46 2,693,417 2,568,104 2,900 o

47 2,957,893 2,693,417 2,944 o

48 2,894,146 2;957~893 3,492 o

49 2,978,676 2,894,146 3,322 o

50 3,233,563 2,978,676 4,049 o

51 3,079,586 3,233,563 4,251 o

52 2,148,172 3,079,586 4,086 1

53 2,347,797 2,148,172 3,007 o

54 3,131,103 2,347,797 4,488 o

55 3,460,106 3,131,103 4,540 o

56 3,719,945 3,460,106 4,974 o

57 3,444,619 3,719,945 5,654 o

58 3,701,769 3,444,619 , 5,001 o

59 3,440,639 3,701,769 6,017 o

60 3,391,354 3,440,639 5,264 o

61 2,927,708 3,391,354 5,415 1

( 15 ) -28 -

1. Behrman J.R., Supply Response in underdeveloped Agriul­ ture, A case study of four major annuel crops in Thailand, (1937-1963), North-Holland Publishing Company, Amsterdam 1968. 2. Barker R. and stanton B.F., Estimation and Aggregation of Farm Supply Function, Journal of Farm Economics, August, 1965. 3. Candler Wilfred, An Aggregate Supply Function for New Zealand wheat, Journal of Farm Economics, 1957, pp.1732­ 43. 4. Cangon P., The Monetary Dynamics of Hyper Inflations, in Friedman Ed., Studies in the Quantity Theory of the Money, Chicago, university of Chicago press, 1956. 5. Chetty V.K., Estimatimation of solow's Distributed Lag Models, Econometica Journal of Econometric Society, Vo1.39 January 1971 6. Colman D.R., A New Study of. united Kingdom Cereal Supply, Journal of Agricultural Economics, Vol. XXI' No.3, September, 1970. 7. Dean Edwin, The Supply Response of African Farmers, Theory and Measurement in Malawi.North-Holland Publish­ ing Company, Amsterdam, 1966. 8. Fisher Franklin M. and Temin Peter, Regional Specializa­ tion and the Supply of wheat in the , 1867­ 1914. The Review of Economics and statistics, May, 1970. 9. Goldberger A.S., Econometric Theory, John wiley & sons Inc. 1964. 10. Griliches Zvi, Distributed Lags: A survey, Econometrica, Journal of the Econometric society, Vol. 35, No.L January 1967. 11. Heady E.O., Agricultural Supply Functions, Estimating techniques and Interpretation, Iowastate university press, Ames, Iowa, 1961 12. Hee olrnan, The Effect of price on Acreage and yield of

( 16 ) - 29- Potatoes, Agricultural Economics Research, USDA. Vol. X, No.4, 1958. 13. Hill Brian E., Supply Response in Crops and Livestock Production, Journal of Agricultural Economics, Vol. XXII, No.3. September, 1971. 14. Houck James P. and Subotnik Abraham, The U.S. Supply of Soybeans, Regional Acreage Function, Agricultural Economics Research USDA, Vo1.21. No.4. October 1969. 15. Johnson Glenn. L.. The state of Agricultural Supply Analysis. Journal of Farm Economics. Vol. 42. May. 1960. 16. Johnston J~ Econometri~ Methods. McGraw-Hill Book Comp­ any, Inc., 1963. 17. Jorgenson Dale W., Rational Distributed Lag Function, Econometric, Journal of the Econometric Society, Vol. 34, No.I. January 1966. 18. Koyck L.M., Distributed Lags and Investment Analysis, North-Holland publishing Company, Amsterdam, 1954. 19. Lee Chaur Shyan, Analyse des Facteurs Expliquant L'Evolu­ tion Differentielle de-Toff're des cereales dans les Regions de la C.E.E., 1955-1969. universtte Catholique de Louvain, 1972. 20. Nerlove Marc, Estimates of the Elasticities of Supply of selected Agricultural Commodities, Journal of Farm Econo­ mics, 1956. ppA96-509. 21. Nerlove Marc, The Dynamics of Supply, Estimation of Farmer's Response to price, Baltimore, The John Hopkins Press, 1958. 21. Nerlove Marc, Distributed Lags and Estimation of Long­ Run Supply and Demand Elasticities, theoretical Considera­ tions, Journal of Farm Economics, Vol. 40, No.2. May. 1958 22. Nerlove M. and Kenneth L.. Backman, The Analysis of Changes in Agricultural Supply, problems and Approaches, Journal of Farm Economics, August, 1960. 23. Nerlove M. and Addison W., Statistical Estimation of Long-Run Elasticities of Supply and Demand, Journal of Farm Economics, November, 1958.

( 17 ) - 30- 24. Oury Bernard, A production Model for wheat and Feedgr­ ains in France, (1946-1961), North-Holland Publishing Company, Amsterdam, 1966 25. Parikh A., Farm Supply Response, A Distributed Lag Analysis, Bulletin Oxford University, Institute of Economics and Statistics, Oxford, February, 1971. 26. ToUry G. S. and Hartman L.M., Intra-Area Relations in Agricultural Supply, Journal of Farm Economics May, 1960. 27. Waud Roger N., Small Sample Bias due to Misspecification in the "Partial Adjustment" and "Adoptive Expectation" Models, American Statistical Association Journal, December, 1966.

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